Category archives for: Oil & Gas

Hoteliers eager to shake off COVID-19 setbacks

Zimbabwe International Trade Fair (ZITF). File photo

from WELLINGTON TONI in Harare, Zimbabwe HARARE, (CAJ News) – HAD it not been for the raging outbreak of the coronavirus (COVID-19), Mike Goba would be anticipating a windfall with the Zimbabwe International Trade Fair (ZITF) a week away. He is one of local hoteliers counting their losses after the annual event scheduled for the […]

Fuel firm supports Mauritius fight against COVID-19

Engen Garage

from HANSLEY NABAB in Port Louis, Mauritius PORT LOUIS, (CAJ News) – HUNDREDS of families in Mauritius have benefitted from an initiative by a leading marketer of fuels and lubricants to support efforts aimed at reaching vulnerable communities during the national lockdown against the coronavirus (COVID-19). Engen, which has joined hands with non-governmental organisations (NGOs), […]

Hundreds of fuel workers observe lockdown

Engen refinery in Durban, South Africa

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – ONE of South Africa’s largest oil and gas producer of crude oil, Engen Refinery is set to undergo a temporary controlled shutdown in line with the ongoing 21-day lockdown in the country. As a consequence of the temporary shutdown, as many as 600 additional employees will observe the […]

Oil slams after Saudi Arabia institutes price war

Saudi Arabia oil production plant. Photo, Reuters

RIYADH, (CAJ News / Bloomberg) – OIL plunged over 30 percent on Monday after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets. The two main contracts both lost about 30% of their value in morning Asian trade. By early […]

Fuel price drop a boost to South African economy

Fuel station

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – THE decrease in the price of fuel brings relief to farmers, eases pressure on consumers and could lead to interest rate cuts in South Africa. This is also a major reprieve for an economy that is undergoing a recession. The latest drop in the petrol and diesel prices […]

Connect to CAJ News on Facebook

Subscribe to our Newsletter

Photo Gallery

Log in
All material © CAJ News Africa. Material may not be published or reproduced in any form without prior written permission.